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Apr 16, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> on budget and on time, rio tinto says it's on track to expand iron ore output to 390 million tons this year under its $90 million project. the company is making good progress in its cost cutting drive, coping with the sharp fall in commodity demand. shares are higher this morning 1.74%. i want to get a thought here from martin hennecke. martin, what do you do with iron ore here despite the declines we've seen across the board for the commodity complex? >> it's a great time to manipulate because it has been monolithic growth on those metals and you see the physical buyers really moving in very strongly, for example, in china there because of, really, jewelry sales and it's taking off these days. that's vary clear buy. iron ore, the picture is somewhat more difficult. on the one hand, you have still reasonably
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> on budget and on time, rio tinto says it's on track to expand iron ore output to 390 million tons this year under its $90 million project. the company is making good progress in its cost cutting drive, coping...
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Apr 23, 2013
04/13
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houston, texas, no taxes, chicago, illinois. >> chicago's a great city. i love chicago, my wife's from chicago, but i've got to go with houston because i like the tax rate. >> and you were just there. >> i was just there, people were nice. i like the kind of semi-spanish style of the home, the gas grill, that outdoor living thing they've got going. >> it's a great house, great house, great location, houston, texas wins. >> wow! we've dethroned the painted lady. >> the former brothel, and that house, by the way, the other one, is actually, was a former brothel. so the english manor has deflowered the former brothel, so to speak. >> it's almost worth staying in the painted lady to hear the whispering -- >> you can't imagine the number of e-mails i got about it, seriously. but i have to tell you, it's a tough, tough go on this one. okay, both houses are amazing, both houses are in beautiful condition, both houses just are winners. but texas wins. the fact that unemployment in chicago is so much higher than houston, houston, 6%, chicago 9.2. you've got to giv
houston, texas, no taxes, chicago, illinois. >> chicago's a great city. i love chicago, my wife's from chicago, but i've got to go with houston because i like the tax rate. >> and you were just there. >> i was just there, people were nice. i like the kind of semi-spanish style of the home, the gas grill, that outdoor living thing they've got going. >> it's a great house, great house, great location, houston, texas wins. >> wow! we've dethroned the painted lady....
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Apr 16, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are waiting for goldman sachs and coke. it was indicated higher. it's less clear now. closes 253.86. i did see trading on word that the company beat us. just under $4 trillion. coke is out. coke is reporting. we're going to look at case volume and everything else. looks like the the adjusted number is 46 cents a chair versus expectations of 45 cents. >> gown from 11.4 billion in the year ago period. now, we're also going to give you all of these case volume estimates and we'll try to figure out all the different parts of the world that we're looking for. worldwide looking for case volume up 3.1% in north america. the company says for the first quarter it was 4%. first quarter 4%. >> there's a big announcement the company put out 10 minutes ago saying they are taking steps with five of the bottling partners
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> we are waiting for goldman sachs and coke. it was indicated higher. it's less clear now. closes 253.86. i did see trading on word that the company beat us. just under $4 trillion. coke is out. coke is...
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Apr 23, 2013
04/13
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. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reduc
. >> 10,000 tax jurisdictions. that's ridiculous. >> it's a lot. thanks a lot. airlines, railroads and the all important apple. all those reports out today. and the earnings squad standing by to break it down. this can save you hundreds of dollars on your cell phone blil. why millions around the world are kicking it when the ceo of kik messenger joins us live. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny...
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Apr 17, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> you're watching cnbc "squawk on the street" live from the financial capital of the world. the opening bell, and the earnings have been checkered. europe, though, has had a dramatic morning especially the dax. >> look, europe is -- if they're not going do anything to
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together...
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Apr 18, 2013
04/13
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tax rates. is there a question in your mind, is the earnings -- as to the earnings quality this quarter? >> you know, not really, that was an r & d tax credit that had flow through in terms of year. i remember looking at the core business, i think motorola as you mentioned, it's a little bit of dragging a lead ball on a chain. but the core business is very solid. volume was up 20%, pricing or cpc as people call it, down 4%. that's moderated, and i think the really key message here is that the core business is still in that kind of high teen to 20% growth with stable margins, ebitda margin in the mid-30s range. i think to the point of jon mentioning enhanced campaign, they're trying to equalize the money that advertisers are spending on mobile as it relates to desk top. i think that's starting to work. we saw that a little bit with yahoo. i think we're going to see that with facebook in a couple of weeks. mobile advertising may be in the infancy is really starting to work and that was part of wha
tax rates. is there a question in your mind, is the earnings -- as to the earnings quality this quarter? >> you know, not really, that was an r & d tax credit that had flow through in terms of year. i remember looking at the core business, i think motorola as you mentioned, it's a little bit of dragging a lead ball on a chain. but the core business is very solid. volume was up 20%, pricing or cpc as people call it, down 4%. that's moderated, and i think the really key message here is...
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Apr 20, 2013
04/13
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if you can get something, say, twice the risk free rate and get a good tax rate on it, in other words, like you have a reduced tax on the dividends or the capital gains, then you're going to do real well. if you look, the ten year or measure against the 30 years, say 3, 3 1/2, 4, if you can get 6%, 7%, 8%, you are doing great. john in north carolina, john. hey, john. >> caller: hey, what's gone on, jim? >> not much. how about you? >> caller: doing good. so i'm new to the market. >> okay. >> caller: and i've been watching the show and reading the mad money book, which has been very helpful. >> thank you. >> caller: my question is, when i'm doing valuations for companies that i'm interested in and i'm calculating ppgs, which eps number should i use and which growth percentage should i use? is it previous quarter or previous year or is it the estimates for the next quarter or the next year? >> okay. when you're doing the price earnings ratios, i always like to look at the forward, in other words, next year. i don't like to look at historic because that doesn't make it. you have to go and
if you can get something, say, twice the risk free rate and get a good tax rate on it, in other words, like you have a reduced tax on the dividends or the capital gains, then you're going to do real well. if you look, the ten year or measure against the 30 years, say 3, 3 1/2, 4, if you can get 6%, 7%, 8%, you are doing great. john in north carolina, john. hey, john. >> caller: hey, what's gone on, jim? >> not much. how about you? >> caller: doing good. so i'm new to the...
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Apr 16, 2013
04/13
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KICU
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the gift tax exemption was raised to the same level as the estate tax: the same $5.25 million. it was supposed to go down to a million, so this is a good opportunity for people to take advantage of this, because with the new budget proposal, there is a good chance they could lower it back to the old $1 million, and this way they could be grandfathered. if that is taken away, their estates won't be subject to this tax, and the growth will be out of the people's estates too. - i know a number of years ago, grandparents who wanted to give just a straight gift to children, for example, it was $10,000 a year. now that is up to $14,000, and that is a real boon for grandparents to sort of offload their cash. - right. and if you are married you can double that to $28,000, and if you have a child or grandchild who is married, you can double that again to $56,000. but there are a couple of exceptions that can increase it, such as if the grandparent has a child, say, in college, if he pays the college tuition directly to the school, it doesn't eat into the $14,000 exemption. - so you stil
the gift tax exemption was raised to the same level as the estate tax: the same $5.25 million. it was supposed to go down to a million, so this is a good opportunity for people to take advantage of this, because with the new budget proposal, there is a good chance they could lower it back to the old $1 million, and this way they could be grandfathered. if that is taken away, their estates won't be subject to this tax, and the growth will be out of the people's estates too. - i know a number of...
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tax from us if we had a tax on their. rapid sales of stocks and bonds we we could have free higher education and that and that state tax we had in the united states. it was eight hundred ninety eight until one hundred sixty four as i recall and f.d.r. kicked it up at thirty five to pay for the c. c. if my recollection is right it was we look at europe eleven countries in europe are starting to institute one of these taxes i asked very little tiny tax on each stock i asked him there's office whether he would support it and he came up with all these you know they came up with these excuses about how they thought it would be inefficient and it wouldn't be able to keep up with the competition meanwhile the competition is instituting in other words the the the billionaires the hedge fund guys have so much money that they basically own this absolutely and the way to get them ultimately is we're going to have to be in build an independent populist anti elite financial elite program and constituency we're going to have to do what
tax from us if we had a tax on their. rapid sales of stocks and bonds we we could have free higher education and that and that state tax we had in the united states. it was eight hundred ninety eight until one hundred sixty four as i recall and f.d.r. kicked it up at thirty five to pay for the c. c. if my recollection is right it was we look at europe eleven countries in europe are starting to institute one of these taxes i asked very little tiny tax on each stock i asked him there's office...
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Apr 23, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back to cnbc. disappointing figures out of germany keep market gains in check with investorers concerned about weaker than expected data in china. a mixed set of numbers in europe with kpm disappointing, but more positive earnings from escona. apple is getting set to report much anticipated results around noon. analysts get set for a shrink for the first time in aek did aid. >> your data alert out of britain, that compare bes a 15.5 billion establishment and $16.7 billion a year ago. as britain's finances come more and more into focus, the question then becomes what these levels will continue to look like. chris williamson is still here. we're seeing a sell-off in sterling by 15.1%. how does that drive with your expectations? >> it's a little better than the market was expecting. and importantly, this
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back to cnbc. disappointing figures out of germany keep market gains in check with investorers concerned about weaker than expected data in china. a mixed set of numbers in europe with kpm...
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Apr 23, 2013
04/13
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FOXNEWSW
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he's working on a tax reform bill. not that i think it's going to come to fruition, but he has that kind of access and power. and so i think, you know, for republicans you in theory always like to have of an open seat because incumbents, in theory, are harder to beat. but i think once they're going to to be the underdog in this race. unless the president's poll numbers next year look something similar to 2010 where people had just really soured on his leadership. jon: max baucus was one of the five democrats that voted against the gun control legislation that recently did not make it out of the u.s. senate, much to the president's displeasure. david drucker from "roll call," thank you. >> thanks a lot. jenna: talking about the political implications there with all the different reports of terror attacks over the last several days. one of the things that's come up is whether or not it's going to impact the debate on immigration. today a senate committee heard from homeland chief janet napolitano on reform legislation, a
he's working on a tax reform bill. not that i think it's going to come to fruition, but he has that kind of access and power. and so i think, you know, for republicans you in theory always like to have of an open seat because incumbents, in theory, are harder to beat. but i think once they're going to to be the underdog in this race. unless the president's poll numbers next year look something similar to 2010 where people had just really soured on his leadership. jon: max baucus was one of the...
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Apr 22, 2013
04/13
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how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where americans don't top work. this that is find just give us an answer, do we as a nation make money? do we benefit? do we prosper because of illegal immigration. you hear everyone say we're a nation of immigrants, why don't they say a nation of illegal immigrants? the questions go on and on, is the path to citizenship appropriate? is it good or bad for the economy? it is good for american society. the real question becames after 10 years of debating this issue, why in the world don't we havv these answers? that's the big question. if you have been watching politics, and wash
how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where...
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Apr 17, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> i'm feeling like a broken record, but once again, s&p 500 hitting fresh-session lows. being led lower by financials, technology, and energy. all of those spiders are lower by more than 2%. here's the financial spider getting weaker and weaker throughout the session. ditto, same intraday pattern for the technology, lower by more than 2%, and energy is lower, holy smokes, 2.75% for the xle. which brings us to crude, lower by 2.66%. down more than two bucks. bk, while we were sitting here, you sold brent. >> yes, i sold july brent about two minutes ago. and i was shorted yesterday. i covered it just about these prices. i wanted to get back in. so if you look at the inventory numbers today from the u.s., we had gasoline demand down, we've had production at highs since 1992. so you can go with the commodity oversu
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> i'm feeling like a broken record, but once again, s&p 500 hitting fresh-session lows. being led lower by financials, technology, and energy. all of those spiders are lower by more than 2%. here's the...
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Apr 23, 2013
04/13
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CURRENT
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and so it is kind of a regressive tax in that way. we're talking about kind of leveling the playing field everywhere. >> bill: it seems one other advantage for the poor and the middle class which is that all of these programs that are cut because of the budget cuts at the state level, that will pump more money in. >> that's right ones lobbying for this. in a real intense way. the local budgets the state budgets who are saying we have big holes to fill and this is one way of doing it. >> bill: it will help keep medicaid -- >> some of the programs running. >> bill: i used to be against it. i buy so much online, hell, i don't want to pay the sales tax. it is only fair that it is a level playing field and that the small businesses and small bookstores whatever, not be -- >> have to let them compete in a fair way. >> bill: on the right side of this issue. we'll talk motor about this, too. igor, we've already run out of time. i can't believe it. so come back and see us next week. >> i will. thank you, guys. >> bill: thinkprogress.org. you c
and so it is kind of a regressive tax in that way. we're talking about kind of leveling the playing field everywhere. >> bill: it seems one other advantage for the poor and the middle class which is that all of these programs that are cut because of the budget cuts at the state level, that will pump more money in. >> that's right ones lobbying for this. in a real intense way. the local budgets the state budgets who are saying we have big holes to fill and this is one way of doing...
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Apr 24, 2013
04/13
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it would require ap toll pay a high tax rate for the must issuing debt would lower apple's cost of capital. apple will likely issue new bonds. what would this look like? take a look at its tech peers. has a roughly 2% yield. microsoft ten year bond has a yield. a bond issued by apple would be very well received by the street. it would also give fixed income and value investors a new way or a new place to get cash to work and we're seeing that transformation right now. apple changing from a growth to a value name. >> i'm sure they would get the highest of high ratings. thank you very much. >> what are they misunderstanding repeatedly? >> it's almost hard to understand with the stock now an epic collapse. bullishness, not too long ago abounded. last february, apple hit a $500 billion market cap. out came the calls. apple would be a $1,000 stock. talking about what they called apple's unmatched asthetics. september 2012, as apple hit that record high, the mean of the 54 analysts tracking the stock was a buy with a mean price target. of course, not everybody got it wrong. once the bubble pops
it would require ap toll pay a high tax rate for the must issuing debt would lower apple's cost of capital. apple will likely issue new bonds. what would this look like? take a look at its tech peers. has a roughly 2% yield. microsoft ten year bond has a yield. a bond issued by apple would be very well received by the street. it would also give fixed income and value investors a new way or a new place to get cash to work and we're seeing that transformation right now. apple changing from a...
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Apr 18, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in particular was weak. eegan jones did dowde country to an a from an a plus. the xetra dax today after shedding better than 2% yesterday, which is a huge move for this index, rebounding by about 0.4%. small gains seen elsewhere, the ftse mib in italy up about 0.6%. keeping an eye on the presidential election process. that is currently under way. here is a look at the bond space. when it comes to the ten-year rates, we're also seeing a similar story with the one exception of germany. so generally speaking, risk sentiment doing okay this morning. yields falling to 4.65%. 4.23% respectively. we've been sittin
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in...
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Apr 22, 2013
04/13
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a few states don't collect sales tax. it means that everybody else in the country is subsidizing their employers. when you say it's bad for small business, i don't understand why. it's the small brick and mortar companies that are being hurt by the current law and, therefore, we're losing employment in states among small retail outlets not on the internet because we're subsidizing thee other states who don't collect the sales tax. >> senator ayotte, your response. >> my response is this is a big money grab from the states. can you imagine requiring these online businesses to collect for almost 9,600 tax jurisdictions throughout the country. talk about burdens on businesses. by the way, this is big retailers and business lining up for smaller online businesses to have to do their tax collection for states. it is so wrong. actually the last thing we should do and a precursor to other things they will try to grab using the internet including taxing the ber net in my view. >> i wasn't for if sales tax until i saw art laffer o
a few states don't collect sales tax. it means that everybody else in the country is subsidizing their employers. when you say it's bad for small business, i don't understand why. it's the small brick and mortar companies that are being hurt by the current law and, therefore, we're losing employment in states among small retail outlets not on the internet because we're subsidizing thee other states who don't collect the sales tax. >> senator ayotte, your response. >> my response is...
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Apr 24, 2013
04/13
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moving op to tax reform. senator baucus will not stand for relix devoting the next 18 months in the senate, a powerful guy, chairman of the senate finance committee, pushing for tax reform, lower rates, fewer deductions. that's terrific. a shot of tax reform. your comment on that? >> well, i hope that's true. i wish him a happy and enjoyable life, created the affordable care act, but i hope he works hard on tax reform. if we get rid of the special interest deductions, those buried in the tax code, we'll have higher economic growth, more job, and a tax code that is simper and fairer for everyone in america. >> you are critical of senator baucus even though he said the other week the implementation of obamacare was a train wreck, his words. you're critical of the senator. >> well, senator baucus is the one who is largely responsible for the american people suffering under the affordable care agent right now. i mean, we're months from implementation. it really is a 0 # -- 2014-15 program, and the outrageousness
moving op to tax reform. senator baucus will not stand for relix devoting the next 18 months in the senate, a powerful guy, chairman of the senate finance committee, pushing for tax reform, lower rates, fewer deductions. that's terrific. a shot of tax reform. your comment on that? >> well, i hope that's true. i wish him a happy and enjoyable life, created the affordable care act, but i hope he works hard on tax reform. if we get rid of the special interest deductions, those buried in the...
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Apr 24, 2013
04/13
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KPIX
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the state's legislative office said today the state has been posting strong tax collections so far this fiscal year. this news means a potential boost to funding for education, much or all of that extra revenue expected to go to public schools and community colleges. >> but it's not all good news. once again, contra costa supervisors are talking about closing fire stations. four have already been shuttered and as kpix 5's cate caugiran says, talk of losing more stations has people nervous. >> the impact is going to be tremendous to this area. >> reporter: a new budget was put on the table at this morning's board of supervisors meeting and two more contra costa fire stations were put on the chopping block. >> i know they have to cut but i can imagine cutting two more fire stations. it would devastate this area. >> it's our fire season. we had the refinery. they had their own fire department but in case of something where all the stations have to come help, what happens to the people here if something happens? it's a concern. >> reporter: last year, the board decided to close four station
the state's legislative office said today the state has been posting strong tax collections so far this fiscal year. this news means a potential boost to funding for education, much or all of that extra revenue expected to go to public schools and community colleges. >> but it's not all good news. once again, contra costa supervisors are talking about closing fire stations. four have already been shuttered and as kpix 5's cate caugiran says, talk of losing more stations has people...
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Apr 23, 2013
04/13
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for millions of us, a new tax may -- may be on the way. first to sue with the new york stock exchange. >>> and you said it, ty, the bulls are indeed jumping for sure on wall street. the dow right now is up triple did you get, up 137 points or so on the dow jones industrial average. the nasdaq is up 37, almost 38 points, the s&p 500 is at 1577. that's a gain of 15 1/2 points. the russell 2000 is participating as well with the biggest percentage gain of those indices, up 12 points. bob pisani and art cashing, director of floor operation joins me, and the reason i point out the russell is it's the broader-based index, which bodes well i think for the bulls today. >> it's big. it's been a real drag. the russell which has a lot of smaller caps built in also had kind of trailed. people used that divergence to say maybe things aren't right. the fact we're all plays together, particularly the russell -- >> playing nicely in the sandbox, bob. >> it's a great relief. the earnings turned out well. last week we saw ge and tech tron, a bit of disappoin
for millions of us, a new tax may -- may be on the way. first to sue with the new york stock exchange. >>> and you said it, ty, the bulls are indeed jumping for sure on wall street. the dow right now is up triple did you get, up 137 points or so on the dow jones industrial average. the nasdaq is up 37, almost 38 points, the s&p 500 is at 1577. that's a gain of 15 1/2 points. the russell 2000 is participating as well with the biggest percentage gain of those indices, up 12 points....
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Apr 22, 2013
04/13
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. >> the replace cuts with other cuts and tax increases on the wealthy. >> this fight is playing out in court as well. the nation's airline association is suing the f.a.a. to halt these furloughs claiming that the administration has the authority to cut elsewhere. bret? >> bret: rich edson at washington's international airport. rich, thanks. wall street is trying to recover from its worst week of the year. the dow gained 20. the s&p 500 was up 7. the nasdaq finished up 27.50. >> we're not so sure about obama phone, however. whether he likes it or not, and even though he didn't create it, chief news correspondent the president is linked to another popular give away program. >> what started out as an effort ronald reagan help people in poor areas have a phone in rural areas has mush roomed in what rit particulars suspect is a new welfare program. >> the cost has gone from $143 million a few years ago to $2.2 billion today. a 15 times increase. >> the cost of the program left after cell phones were added in 2008. only low income people on welfare legally qualify but lawmakers say the pr
. >> the replace cuts with other cuts and tax increases on the wealthy. >> this fight is playing out in court as well. the nation's airline association is suing the f.a.a. to halt these furloughs claiming that the administration has the authority to cut elsewhere. bret? >> bret: rich edson at washington's international airport. rich, thanks. wall street is trying to recover from its worst week of the year. the dow gained 20. the s&p 500 was up 7. the nasdaq finished up...
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Apr 22, 2013
04/13
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. >> some americans are changing the way they do business to avoid paying any federal taxes. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> >> well, the gold bulls are saying it's about time. gold is finally rallying today. sharon epperson is tracking. it was quite a week. >> it was quite a week and day last monday. the biggest dollar lo
. >> some americans are changing the way they do business to avoid paying any federal taxes. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. but we can still help you see your big picture. with...
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Apr 16, 2013
04/13
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for more information on tax day go to kpix/tax. >>> folks rushing to the post office had to battle the winds today. >> two mondays we've had the strong winds. strong storms moving in. we're going to have them for a while. windy conditions overnight. breezy throughout the day tomorrow. after that, it will be about the sunshine. if you're heading out this evening, it will be windy. hold onto your hat. wind gusts from this morning when winds were strongest, 57 miles per hour. st. carlos 45 miles per hour. on the bridge, 42 miles per hour wind gusts today. this front did not give us much rainfall. we had some in the south bay earlier this morning. the high definition doppler is dry. overnight lows tonight because winds are from the north, it will be chilly. redwood city 43. oakland's low 45 degrees. high pressure building in from the west. like last week, we had a low pass by and intensify. with the front, not much rainfall. it's windy. this area of high pressure and low pressure causes the wind. we're caught in between tonight and tomorrow with a strong north to northwest wind. watching t
for more information on tax day go to kpix/tax. >>> folks rushing to the post office had to battle the winds today. >> two mondays we've had the strong winds. strong storms moving in. we're going to have them for a while. windy conditions overnight. breezy throughout the day tomorrow. after that, it will be about the sunshine. if you're heading out this evening, it will be windy. hold onto your hat. wind gusts from this morning when winds were strongest, 57 miles per hour. st....
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Apr 17, 2013
04/13
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accused him of blood sucking off the american people for not doing so when carnival pays a poet total tax here. >> all right. let's go to scott in boston with breaking news. this is reporting by the boston globe which says that authorities have now gotten an image of somebody dropping a bag at the site of the explosion and that could potentially be a suspect. we don't know if there is an identity on that suspect. i want to show you down here some of what's been going on. this is a fire department ladder here but we saw just a short time ago. the news is the boston globe reporting that authorities have an image of somebody placing a package at the site of the tragic explosion on monday and that could be a suspect. we're following this and we'll keep you posted. >> people are asked if they took video with their mobile phones to turn that in. do we have any idea where that image came from? >> i don't. while i talk, let me show you more of these guys off the roof. there are a lot of people with cell phones and also surveillance cameras, at least three as we reported yesterday that were traine
accused him of blood sucking off the american people for not doing so when carnival pays a poet total tax here. >> all right. let's go to scott in boston with breaking news. this is reporting by the boston globe which says that authorities have now gotten an image of somebody dropping a bag at the site of the explosion and that could potentially be a suspect. we don't know if there is an identity on that suspect. i want to show you down here some of what's been going on. this is a fire...
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Apr 16, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. >>> welcome back to "the halftime report. "here are halftime's top first three trades. target, the stock lower after the retailer said they would miss expectations, stock lower by 2/3 a percent. what do you think? >> you think payroll tax and all that, but that was not the case. what it was mostly according to the company, we have heard this consistently, was weather. weather wreaked havoc in terms of their sales, so it was too cold and people weren't buyingf
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has....
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Apr 22, 2013
04/13
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go back and look at my taxes. i do pay. >> scoff law. >> you're a total liar. go back and look at my taxes. >> the irs have already audited me twice in the last 12 years. >> by the end of the show he will have a problem with the faa and the irs. are you sure you want to co-op it going? >> right. >> sec is next. >> right. >> the suspect in last week's boston marathon bombings now responding thankfully to investigators's questions making a dramatic turn for law enforcement officials definitely trying to piece together what was behind the attack and answer the all important question of why. scott cohn is in boston and the latest on the investigation. scott, it looks like the suspect cannot speak because of a gunshot wound to the neck, which sounds like, according to various reports, was likely self inflicted. >> that's right, brian. we're hearing that most of those responses from dzhokhar tsarnaev are in writing. it could be this morning we see the formal criminal charges. and the fact that they took time to put this
go back and look at my taxes. i do pay. >> scoff law. >> you're a total liar. go back and look at my taxes. >> the irs have already audited me twice in the last 12 years. >> by the end of the show he will have a problem with the faa and the irs. are you sure you want to co-op it going? >> right. >> sec is next. >> right. >> the suspect in last week's boston marathon bombings now responding thankfully to investigators's questions making a dramatic...
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Apr 23, 2013
04/13
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FBC
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10 years through a series of limits on tax breaks, a tax on the banking industry and new estate taxes. now the tpc estimates that 86% of additional taxes in 2015 will be paid by those earning over $200,000. the president's budget proposal plans on also raising the tax on cigarettes. 94 cents more per pack. the tpc says that the higher cigarette tax will affect low and moderate income families as they are more likely to smoke than higher income earners. there you go. i don't smoke but a pack of cigarettes, my gosh. tracy: a lot of money. ashley: a lot of money. tracy: a sneaky way to get more money out of you because they push you to higher brackets quicker. ashley: yeah. tracy: sneaky. a new on line sales tax expected to clear the senate. could it face a tough battle in the house? we'll have details on that next. ashley: a bogus tweet claiming president obama injured in a white house, explosion sending stocks plunging. we have the latest from washington to wall street. first let's take a look at latest winners and losers as we head to break. @ menaced the close, let's go to the f
10 years through a series of limits on tax breaks, a tax on the banking industry and new estate taxes. now the tpc estimates that 86% of additional taxes in 2015 will be paid by those earning over $200,000. the president's budget proposal plans on also raising the tax on cigarettes. 94 cents more per pack. the tpc says that the higher cigarette tax will affect low and moderate income families as they are more likely to smoke than higher income earners. there you go. i don't smoke but a pack of...
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Apr 24, 2013
04/13
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CNNW
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> the boston bombing investigation tonight is focusing ever more tightly on tamerlan tsarnaev's wife, catherine russell. sources close to the investigation tell cnn that there are major questions tonight surrounding the woman who was closest to the suspected boston bombers and one of the questions is this -- how is it possible, as authorities tell gloria, that russell did not see bombs being made in the couple's tiny home? erin mcpike is "outfront." there are questions about the older brother's wife. we've only seen her in pictures. what can you tell us? >> we did go into the attorney's office today, erin. but they're being very tight lipped. i spoke to katie russell's attorney on the phone a little bit ago and she's still not saying anything. she's being very quiet on behalf of her client. won't say if katie r
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> the boston bombing investigation tonight is focusing ever more tightly on tamerlan tsarnaev's wife, catherine russell. sources close to the investigation tell cnn that there are major questions tonight...
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Apr 17, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> politics may have taken a backseat since the tragedy in boston on monday, but congress is moving forward on guns and immigration. votes are scheduled to take place on background checks and eight other amendments to the gun safety reform bill. yesterday the senate as so-called gang of eight ruled out the immigration bill, but reply cass divisions on capitol hill remain stark. gun safety advocates are now in a disparate scramible. this morning senator joe manchin, the amendment's co-sponsor told nbc news, quote, we will not get the votes today. and by the looks of it, he is krerkt. earlier this hour heidi hidecamp
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>>...
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Apr 24, 2013
04/13
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would require apple to pay a high tax rate. and issuing debt would lower the cost of capitol and it's a good time to issue debt with rates at an all time low. the credit rating agency s&p gave apple a double rating with a stable outlook. apple now has the same rating as the u.s. government. an apple bond would be well received by the street. bondholders have accepted microsoft and google issuance. even another analyst, carl, pointing out these days it's hard to find companies or countries with high ratings so perhaps if apple goes forward with issuing a bond it may be well received by the street. >> a lot of people discussing if you don't like the stock if you would go ahead and buy an apple bond. seema, thank you. and whirlpool is falling today after first quarter sales did disappoint the street. we'll get the ceo's reaction to the numbers when jeff fetting joins us after the break. >> hey, rick. >> absolutely. we're going to hit it from another angle. we're going to talk to an expert. joe will be coming up in about ten minute
would require apple to pay a high tax rate. and issuing debt would lower the cost of capitol and it's a good time to issue debt with rates at an all time low. the credit rating agency s&p gave apple a double rating with a stable outlook. apple now has the same rating as the u.s. government. an apple bond would be well received by the street. bondholders have accepted microsoft and google issuance. even another analyst, carl, pointing out these days it's hard to find companies or countries...
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Apr 24, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients to software, to nurses to the right people and machines. ♪ helping hospitals treat people even better, while dramatically reducing waiting time. now a waiting room is just a room. [ telephone ringing ] [ static warbles ] [ beeping ] red or blue? ♪ >>> welcome back to the program. barclays just reported a drop in first quarter profit fell shy of estimates and was hit by the new restructuring plan. the bank took charges of 500 million pounds during the period related to plans to scale back the banking portfolio. barclays shares are up 1.5% on a day when most european stocks are higher. credit su
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ge has wired their medical hardware with innovative software to be in many places at the same time. using data to connect patients...
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Apr 16, 2013
04/13
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KRCB
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we compare tax rates then and now. and social security expert larry kotlikoff examines the way your benefits are taxed. all that and more is on our web site, newshour.pbs.org. gwen? >> ifill: and that's the newshour for tonight. on tuesday, we'll look at the bombings that rocked boston. >> brown: and i'm jeffrey brown. we'll see you online, and again here tomorrow evening. thank you for joining us. good night. >> major funding for the pbs newshour has been provided by: >> bnsf railway. >> macarthur foundation. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org
we compare tax rates then and now. and social security expert larry kotlikoff examines the way your benefits are taxed. all that and more is on our web site, newshour.pbs.org. gwen? >> ifill: and that's the newshour for tonight. on tuesday, we'll look at the bombings that rocked boston. >> brown: and i'm jeffrey brown. we'll see you online, and again here tomorrow evening. thank you for joining us. good night. >> major funding for the pbs newshour has been provided by:...
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Apr 16, 2013
04/13
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that's like a tax on everything we do. it's not a productive activity. >> i felt it coming into manhattan today. there were more police officers at the bridges and tunnels, people were pulled over on the side of the roads checking cars. took me a long time to get here today because of that. that's out of pocket. >> yeah, it's money. it's time. you spend more time in transitions between home and work, on travel, and think in the past decade of the amount of money this country spent on making people safe. that's an important endeavor in and of itself, but that's not hiring people or investing in new technology. that's not growth. that's a cost. >> after 9/11, or in 2011, we were just on the precipice of the economy turning, and then 9/11 hits. >> 9/11 hits, the recession, people remember that. that was the first of the jobless recoveries. think back. it took a long time. it was during that period we were trying to build a regulatory apparatus to make people safe, a physical app apparatus, and it's not a coincidence we had a
that's like a tax on everything we do. it's not a productive activity. >> i felt it coming into manhattan today. there were more police officers at the bridges and tunnels, people were pulled over on the side of the roads checking cars. took me a long time to get here today because of that. that's out of pocket. >> yeah, it's money. it's time. you spend more time in transitions between home and work, on travel, and think in the past decade of the amount of money this country spent...
SFGTV2: San Francisco Government Television
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Apr 24, 2013
04/13
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SFGTV2
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it benefits us the truth about $55 million in tax revenue. nightlife is the only significant industry in this city that sometimes gets treated at times as it is a nuisance, a problem to be managed. and of course, we have to focus on making sure it is safe and that people are complying with the laws and that we are not having shooting. but when you get so focused on combating the negatives -- every industry has the negatives. you can sometimes lose sight of the positives and we know there are a huge positives for nightlife in the city. we know that a lot of our street shares are at risk -- street fairs are at risk of being given fees to death. we have completely outdated the planning commission like that mission how are used district, which makes it extremely hard to do anything alcohol related in a big swath of the mission. there was a bowling alley that wanted to go in at 17th and van ness and they were not going to be able to do it because they would have been banned from even selling beer. that is the tip of the iceberg in terms of plannin
it benefits us the truth about $55 million in tax revenue. nightlife is the only significant industry in this city that sometimes gets treated at times as it is a nuisance, a problem to be managed. and of course, we have to focus on making sure it is safe and that people are complying with the laws and that we are not having shooting. but when you get so focused on combating the negatives -- every industry has the negatives. you can sometimes lose sight of the positives and we know there are a...
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Apr 16, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>> welcome back to "fast money," i'm bertha coombs. i want to update you on the latest update from officials in boston on the boston marathon bombing. fbi special agent in charge says they have sifted through some 2,000 tips so far. he talked about the bomb. what went on in the making of those explosive devices. he said they were encased in pressure cookers and he detailed what they have gathered so far from the forensic evidence. >> among items partially recovered are pieces of black nylon which could be from a backpack. and what appear to be fragments of bbs and nails possibly contained in a pressure cook
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>>...
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Apr 23, 2013
04/13
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FBC
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the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do it in cooperation with the ranking republican on that committee. i think that it is within the realm of possibility that these two could do that. dave camp, the republican chairman of the house weighs and means committee has been working on the tax reform. we've seen on immigration, the president is leading from behind. he's the opposite of l.b.j. who insisted that congress pass his law without changing a comma. president obama doesn't have much in the way of recommendations. so it's possible, i think, not likely but possible that we could see serious moves towards tax reform. dagen: keep
the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do...
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Apr 19, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit went into a residential neighborhood not far from here where there was an exchange of gunfire between watertown police, nbta police officer and is two suspects in this suv. during the course of that pursuit, several explosive devices were discharged from the car at the police officers. in the exchange of the gunfire, we believe that one of the suspects was struck and ultimately taken into custody. a second suspect was able to flee he from that car and there is an active search going on at this point in time. an mbta police officer was struck during that exchange of gunfire and is currently at the hospital in
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit...
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Apr 23, 2013
04/13
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FOXNEWSW
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we'll be right back. ♪ i'm the tax man, yeah, i'm the tax man. should 5% appear to small. ♪ martha: a top republican senator is now objecting to a claim that members of his party were using the boston terror attack as an excuse to delay immigration reform. this is an important hearing on this matter that is underway right now. meanwhile things got a little bit tense yesterday after democratic senator charles schumer made these comments, watch this exchange. >> the chairman has a very open process, so a few ways to improve the bill offer an amendment in may and let's vote on it. i say that particularly to those who are pointing to what happened, the terrible tragedy in boston as i would say an excuse for not doing a bill or delaying it many months or years. >> i never said that. >> i didn't say you did. >> i never said that. >> i didn't say you did, sir. i didn't say you did. i don't mean you mr. grassley. >> chairman i don't appreciate you demeaning the witnesses that are coming here. martha: tempers flaring at that hearing. i'm joined by bob b
we'll be right back. ♪ i'm the tax man, yeah, i'm the tax man. should 5% appear to small. ♪ martha: a top republican senator is now objecting to a claim that members of his party were using the boston terror attack as an excuse to delay immigration reform. this is an important hearing on this matter that is underway right now. meanwhile things got a little bit tense yesterday after democratic senator charles schumer made these comments, watch this exchange. >> the chairman has a very...
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Apr 24, 2013
04/13
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would require apple to pay a high tax rate. s&p just gave apple a double a plus rating, which is the same rating as the u.s. government. most people say an apple bond would be well received by the street, as there's a strong demand for high credit-quality bonds. it would also give fixed income and value investors a new place to put cash to work. maria? >> seema, thank you so much. so is wall street too negative on apple and does the technology community feel the same about analysts? >> let's talk with max wolf, back with us, and scott stein is senior editor with cnet.com. so max, tim cook admits that apple is a mature technology company. they're increasing the dividend, they have this massive buyback to put some of this cash to work. can we officially now declare this the end of the steve jobs era at apple? >> yeah, i think we probably can pch i think apple decided that for the foreseeable future, it was better to try to be an irresistible value play than a much more questionable growth play, although i think there's a good cha
would require apple to pay a high tax rate. s&p just gave apple a double a plus rating, which is the same rating as the u.s. government. most people say an apple bond would be well received by the street, as there's a strong demand for high credit-quality bonds. it would also give fixed income and value investors a new place to put cash to work. maria? >> seema, thank you so much. so is wall street too negative on apple and does the technology community feel the same about analysts?...
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Apr 16, 2013
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is this a tax day revolt, patriot day revolt? characterize it some more for us. what does a domestic terrorist mean? >> if i was going to put money on it, i would say it is somebody who would call themselves a militia, patriot, tax day rebellion person. could be clear, it could, of course, be some self radicalized who is upset about foreign events and internationally. but the linkage to an international group and to, again, for example, training overseas and pakistan and north africa or yemen, it seems very unlikely there is something on that scale that's happened in this particular event. >> it seems to me that this is a little bit premature. we've had this after previous terrorist attacks where there is this rush to blame necessarily, you know, right wing militia groups. but in fact doesn't turn out that way. and there have certainly been al qaeda sympathizers or radical islamists who may not be officially attached who have little professional expertise in their failed attempts, their thwarted attempts at terrorism. so to conclude simply because it wasn't -- di
is this a tax day revolt, patriot day revolt? characterize it some more for us. what does a domestic terrorist mean? >> if i was going to put money on it, i would say it is somebody who would call themselves a militia, patriot, tax day rebellion person. could be clear, it could, of course, be some self radicalized who is upset about foreign events and internationally. but the linkage to an international group and to, again, for example, training overseas and pakistan and north africa or...
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Apr 18, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com acceler-rental. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. >>> welcome back to "squawk." let's get down to the new york stock exchange. our good friend jim cramer joins us now. good morning, jim. if jim is there. there he is. do you hear jim? >> no, there's no audio. now do you hear us? we are here on the tv. here we are. i don't know if we can get to jim or not, but it sounds like we can't. in the meantime, we'll go to a break, come back and see what we can do. >>> when we come back we'll talk about the stock of the day. we'll be right back. ideas, goals, appetite for risk. you can't say 'one size fits all'. it doesn't. that's crazy. we're all totally different. ishares core.
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com acceler-rental. at a hertz expressrent kiosk, you can rent a car without a reservation... and without a line. now that's a fast car. it's just another way you'll be traveling at the speed of hertz. >>> welcome...
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42
Apr 18, 2013
04/13
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KNTV
tv
eye 42
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this comes at tax time. steven saw a little wrinkle in the new health care law that involves the irs and you. the man who oversees the irs says the agency now needs to do a better job at getting the word out. the law is known as the affordable care act. you have probably heard of that. few people outside of lawyers and accountants and the offices actually know it will penalize many people who do not have health care insurance by docking their tax refunds. that, says the man who oversees the irs, presents a problem. he says the agency has not publicized this penalty as much as it should. >> many americans do not realize the extent that the internal revenue service will be involved in the implementation of the affordable care act. >> the irs would not comment on the inspector general's criticism. they are getting ready to place enforcements in this new law. president obama asking congress for $440 million to help the irs get ready to oversee this part of the health care law. coming up tonight, steven stock bre
this comes at tax time. steven saw a little wrinkle in the new health care law that involves the irs and you. the man who oversees the irs says the agency now needs to do a better job at getting the word out. the law is known as the affordable care act. you have probably heard of that. few people outside of lawyers and accountants and the offices actually know it will penalize many people who do not have health care insurance by docking their tax refunds. that, says the man who oversees the...
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580
Apr 16, 2013
04/13
by
CNBC
tv
eye 580
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and in the united states, we have a tax code that is not designed to incent investment, which produces jobs and gdp growth, and hopefully we'll change that soon. >> international priority shipping saw a decline in what you charge per package to ship. what does that tell you about the global economy outside of the u.s.? >> well, i think what people are doing with the price of fuel, and this goes to larry fink's remarks a few moments ago, about the prospects for mexico, as it costs more to move goods, off a the price of fuel, they make price service trade downs, so our economy shipping was growing quite nicely. we simply have to adjust capacity and got a little out of phase with that. but it's not by accident that, again, referencing what larry said a couple years ago, we bought a wonderful company in mexico, which is now a big part of the fedex portfolio, because we believe there's be a lot of near shoring and the nafta trades will be quite strong. >> yeah, i am loving this mexico story. you're investing in mexico as well, really interesting. fred, let me get your take on the tragedy in
and in the united states, we have a tax code that is not designed to incent investment, which produces jobs and gdp growth, and hopefully we'll change that soon. >> international priority shipping saw a decline in what you charge per package to ship. what does that tell you about the global economy outside of the u.s.? >> well, i think what people are doing with the price of fuel, and this goes to larry fink's remarks a few moments ago, about the prospects for mexico, as it costs...
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42
Apr 24, 2013
04/13
by
CNBC
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eye 42
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you also keep in mind, it's not a tax advantage unless you're a tax-exempt institution, which most of our clients are. >> gotcha. >> another big difference. >> all right. coming up, you saw it right here on the halftime show. ackman and icon going head-to-head over their positions on herbalife. >> i appreciate, bill, that you called me a great investor. i thank you for that. unfortunately, i can't say the same for you. >> this is not an honest guy and this is not a guy who keeps his word and this is a guy who takes advantage of little people. >> talk a little icon, talk a little herbalife. we're going to ask jim to weigh in, as well. we're back in two minutes. [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a genuine certified pre-owned... mercedes-benz for the next new owner. ♪ hurry in to your authorized mercedes-benz dealer for 1.99% financing during our certified pre-owned sales event through april 30th. [ agent smith ] i've found software that intrigues me. it appears it's
you also keep in mind, it's not a tax advantage unless you're a tax-exempt institution, which most of our clients are. >> gotcha. >> another big difference. >> all right. coming up, you saw it right here on the halftime show. ackman and icon going head-to-head over their positions on herbalife. >> i appreciate, bill, that you called me a great investor. i thank you for that. unfortunately, i can't say the same for you. >> this is not an honest guy and this is not a...
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148
Apr 24, 2013
04/13
by
KRON
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eye 148
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what a doubleheader to atlanta. 23 degrees at first pitch and the old line is when you complain about taxes in california and how expensive everything is, you could live in minnesota or you could live in colorado. giants fans, if you feel like smiling, chad billings lee from the dodgers is going to miss the remainder of the season because of surgery. warriors and nuggets at halftime and now, warriors played a real good basketball and a score right now, 61 to 53. duane wade and the miami heat. lebraun james after a quiet start, 19.6 assists. it was courts when he asked. wade 21 to go with seven rebounds. lebraun pretty much walked through the first half and then he and weight back to work. 9986. the miami heat lead that serious two to nothing. the new york knicks also won tonight. here it is, mike brown, fired in 2010 by cleveland is now coming back to coach the cavaliers in 2013 when there were eliminated in the playoffs and the eastern semi finals. lebraun said they would like another college-judge coach. oach. >> i probably wouldn't. what the guys that you, you can't go back. --once a guy
what a doubleheader to atlanta. 23 degrees at first pitch and the old line is when you complain about taxes in california and how expensive everything is, you could live in minnesota or you could live in colorado. giants fans, if you feel like smiling, chad billings lee from the dodgers is going to miss the remainder of the season because of surgery. warriors and nuggets at halftime and now, warriors played a real good basketball and a score right now, 61 to 53. duane wade and the miami heat....
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141
Apr 19, 2013
04/13
by
CNBC
tv
eye 141
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ turn of event in the last 11 hours in the boston area. what you are looking at are pictures moments ago of the police and local law enforcement officials focusing in on what we believe is a home in watertown, massachusetts. this is where they have tracked down where this man hunt that has taken place has led them. this is a man hunt to chase a terror suspect in the boston marathon bombings. his brother, we believe they were two brothers who dhaerd out. his brother was killed earlier today running from police. we do -- we have been watching all of this and are watching now as this develop, but please, just in the last half hour have focussed in on a home in
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ turn of event in the last 11 hours in the boston area. what...
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Apr 17, 2013
04/13
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CNBC
tv
eye 152
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important to recognize that what american express is probably getting hit on here is what's happening with tax rates, happened in the first quarter of this year, and the other issue that's really occurring is i think businesses are still holding back on spending. significant percentage of their revenue comes from businesses. and you know, on the long-term, also, we have to be very, very aware, american express, on the long-term, is going to -- >> they're having a fire drill here at the new york stock exchange. >> it was scheduled. >> pre-scheduled, exactly. it was scheduled already. so ignore the noise here happening around me. >> okay. >> very quickly, i want to get to bruce mccain as well, michael. finish your thought. >> my thought was, you have to be careful about companies like paypal, all these other very inexpensive swaywaways to colle money, it will be a hit on american express margins, eventually. >> bruce mccain, do you want to buy on these dips we've been seeing, or is it time to start taking money off the table at these levels? >> i think you need to wait a little bit. part of it i
important to recognize that what american express is probably getting hit on here is what's happening with tax rates, happened in the first quarter of this year, and the other issue that's really occurring is i think businesses are still holding back on spending. significant percentage of their revenue comes from businesses. and you know, on the long-term, also, we have to be very, very aware, american express, on the long-term, is going to -- >> they're having a fire drill here at the...